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Trump calls on Fed board to take 'control' if rates not cut

USA TODAY · 2d

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts think rates are headed.

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%.

Fortune on MSN · 15h

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates

In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the coming months. He struck a hawkish tone, according to a note by Bank of America’s macroeconomics team, putting a damper on investor hopes that the FOMC’s next meeting in September could bring a rate cut.

45m

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think

Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...

2don MSN

Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say

Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...

7hon MSN

Jobs report shocker resets Fed interest rate cut bets

Since unemployment was higher than expected and is potentially nearing a cycle high, the CME FedWatch tool reported that bets ...

1don MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

2d

Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure

The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...

1don MSN

The Fed’s September Rates Decision Just Got More Complicated

Before Friday, traders saw only a 38% chance of a rate cut at the Fed’s September meeting. After the numbers dropped, odds ...

1don MSN

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an ...

1don MSN

Fed rate cut odds go on a roller coaster ride after Powell, PCE, and jobs data

U.S. Federal Reserve rate cut odds have gone on a wild journey since Wednesday. Chances of a September rate cut plunged below ...

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